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Question: How did you end up with shit coins?  (Voting closed: October 25, 2018, 03:09:02 PM)
Pump & dump scheme gone awry - 5 (33.3%)
Peer/ friend pressure. - 0 (0%)
Did not read/understand whitepaper - 0 (0%)
Misled by Forums/groups that you followed. - 2 (13.3%)
Bet on the wrong team. - 3 (20%)
Had too much money and did not know what to do! - 0 (0%)
Other - 5 (33.3%)
Total Voters: 15

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Author Topic: How did you end up with shit coins?  (Read 21220 times)
kostepanych2
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January 15, 2019, 12:58:07 PM
 #121

People buy sh*tcoins because they are very cheap and think that they can make 100500x...
It's a some kind of lottery...

Btcvilla
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January 15, 2019, 01:24:19 PM
 #122

I am working on an article about how smart people ended up buying shitcoins – I need some info on why you bought shitcoins (if any). If you choose "other" then can you care to comment on what that other means? Would appreciate if you helped me get an insight!
Thanks in advance.


I think every investment is always in the background with research and analysis. but each result will not always be the same or get every profit, that's the risk of investing in the crypto industry.
so experience is very important even though the results will not be different
Smon
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January 15, 2019, 01:30:33 PM
 #123

I was holding, let me say, bad coins for a long time. I found out that it's not a good idea literally a few months ago. Now I think that if you getting some bad coins from somewhere - just sell it and forget about it.

Do you think that's good? As I see it is not so, I trust people for us because they are not useful and just throw them away. But in my opinion, it is worth it to keep it for months or even a few years if it gives me a good result, great reward. And I kept waiting until that happened  Grin

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arkawa040
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January 15, 2019, 05:58:29 PM
 #124

probably, like most people on this forum, shittcoins appeared from participation in bounty projects, I have a huge wallet, and I, as everyone, am waiting for the market to grow, so that at least I can get closer to the price of ICO and get rid of them, and buy normal coins.
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January 16, 2019, 10:09:04 PM
 #125

Few people buy shit coins specifically. Most people once bought coins of very promising projects. However, these coins eventually turned into useless coins. I only happened this way.

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January 16, 2019, 10:12:34 PM
 #126

I think we get many useless token every day for nothing, such as weird airdrops. I care most about tokens we buy and end up being worthless, but if it is part of a diversified portfolio of tokens it is ok.
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January 16, 2019, 11:00:02 PM
 #127

I didn't end up with shitcoins, but it is just speculations to earn more bitcoin. And i passed all stages from exit scams and 99% price drops till x10. Everything i understood - with shitcoins you have to be very very careful, do not forget to take profit and go further.
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January 16, 2019, 11:37:17 PM
 #128

Shame I did not see this earlier. I have never paid to get shit coins, but I have worked to get paid in coins that now have very small value. So could be considered shit coins. I guess I can feel lucky at least that I did not buy any. My hope is that with the bull run some will rise in value.

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January 16, 2019, 11:50:32 PM
 #129

There are so many places to get shitcoins Mine mostly some useless bounties and airdrop and then some investments gone bad turns out to be very bad at the end of the day

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January 17, 2019, 01:36:50 AM
 #130

Mostly I dump it before its too late, but sometimes altcoins (shitcoins) will always stay (stuck ) on my e-wallet until this time. Because it's already useless and no one is interested, luckily I earn it from different bounty campaign ( which mean no money or investment to lose for ).
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January 17, 2019, 01:46:39 AM
 #131

For those kind of coins, i will just toss it away into the garbage, or just let them rot in my wallet, because there is nothing more to do about that kind of coins. But if it get listed in the market, then i will sell them directly than keeping coins that has no future.


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January 17, 2019, 02:51:20 AM
 #132

Shitcoin is just for pump and dump for me, so i never buy it, im just buying ico token/coin in bear condition, in this month ive buying 3 token that already lose 95% value from its ico price, and i just wait till the price back to ico price again, its more profitable for me rather than buying shitcoin
Well buying some shitcoins it's not a good idea, But we don't know yet if the coins we buy is a potential coins or a shitcoins. But if we think is a potential we buy for it and hold,But after that it was going to long before they increase the price or sometime they have a time it will come a shitcoins.

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January 17, 2019, 03:19:22 AM
 #133

i did participated in many projects but most of it started so good and getting worst when the time ends, but still i didnt consider the coin as shit coins because i know soon the project is worth a lot in the future, The project is still active in their updates and promotional activities, for me i need to hold those coin since the market is not yet recover from the deep

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January 17, 2019, 09:37:45 AM
 #134

At first I never understood the white paper and I believe so much of what the spectators had to offer but over a period of time I had to do my own findings and I realized I had so much bad coins I had to give up on
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January 17, 2019, 10:48:49 AM
 #135

Because of pump and dump schemes mostly and because of the dev team. Some teams have left the project dead after a pump and dump scheme.
At first, i was attracted by some projects because the team did communicate well about what they were doing and because it was very professional.
But with the time passing, you discover that there is no future for the coin.
I think i end up with shit coins because of greed. As we all hope that we are going to find the next Bitcoin or Ethereum.
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January 17, 2019, 12:04:51 PM
 #136

People buy sh*tcoins because they are very cheap and think that they can make 100500x...
It's a some kind of lottery...

I actually worked on some bounty campaigns that had good white paper but takes time to list on the market after the campaign. Some projects are being abandoned which make the coins no value at all. Good thing that I did not invest money on it just my time and effort.

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January 21, 2019, 08:11:27 PM
 #137

In the summer of 2018, on the advice of my colleagues, I participated in bounty hunters, we believed in the success of the ICO and at an early stage bought up their coins in large quantities, which turned into garbage. Now I don’t need someone’s advice, and I’ll research projects as thoroughly as possible to minimize the risks with bad coins.

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January 21, 2019, 09:45:58 PM
 #138

I think a lot of people simply ended up supporting the wrong bounties and then didn't bother to sell or had no choice but to hold them as they didn't get listed on an exchange. Shitcoins can be good for pump and dump if they get somewhere like yobit

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January 21, 2019, 09:50:55 PM
 #139

There are grave exchanges like yobit for shitcoins. I always dump this coins before it is too late without expectations. Pump groups always shill the advantages of pump attempts with help of  growing community. Bounty hunters need to be careful especially during pumps on illiquid exchanges.
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January 21, 2019, 09:59:50 PM
 #140

I invested only in good coins and always chose good projects to participate in their bounty companies, but unfortunately sometimes they do not justify themselves. Now the whole market continues to go down, so while there is no difference between good and bad coins, they all bring a loss.

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